CAREERS
Hedge Fund Administration – Investor Services Fund Accountant
Responsibilities include:
- General accounting for Hedge Funds: including entry of journals into general ledger system (mainly related to subscriptions, redemptions, cash movements and accruals)
- Preparation of NAV calculations, investor book income allocations and subsequent distribution of fund and investor reporting
- Processing of investor subscriptions, redemptions and transfers (including related GL journals), including performing due diligence on current and prospective investors (AML/KYC procedures)
- Daily reconciliation of cash balances to external third parties (subscription accounts)
- Application of all provisions of fund documents and relevant industry standards appropriately related to both US Partnerships and Offshore Entities
This is a hands-on role and the successful applicant will be required to fulfill their own daily responsibilities, while also assisting other team members as needed. The candidate will be expected to provide a high quality of client service by ensuring that all relevant policies and procedures are adhered to on a daily and monthly basis. Direct client contact will be an almost daily occurrence.
Candidates must have relevant experience in partnership accounting, series of shares accounting, and basic hedge fund structures, as well as strong pc skills (excel, word, outlook) and basic (at a minimum) accounting skills. Audit experience a plus.